123rd MAINE LEGISLATURE
LD 2156 LR 3067(01)
An Act To Amend the Laws Governing Marine Resources
Fiscal Note for Original Bill
Sponsor: Sen. Damon of Hancock
Committee: Marine Resources
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Appropriations/Allocations
Other Special Revenue Funds $0 $10,763 $11,700 $12,650
Revenue
Other Special Revenue Funds $0 $10,763 $11,700 $12,650
Fiscal Detail and Notes
Establishes a new account, the Halibut Fund, within the Department of Marine Resources and provides an Other Special Revenue Funds allocation of  $10,763 in fiscal year 2008-2009 for halibut research and implementation of management measures for the halibut fishery.  
In accordance with 12 M.R.S.A., §10206, the Department of Marine Resources had established an account to receive a portion of money collected relating to watercraft.  That section of law described the distribution of revenue into the Fund but did not describe the Fund's purpose.  This bill specifically establishes the Watercraft Fund in the Department of Marine Resources to fund vessel operations and maintenance and safety and enforcement programs.
The allocation of a portion of certain lobster and crab fishing license fees to the Lobster Fund will have a minor effect on General Fund revenues.